Slipping And Sliding

Ulli Uncategorized Contact

Monday’s market drop continued Tuesday as economic worries persisted.

The only saving grace for the bulls so far was that volume was very light again, and the S&P; 500 bounced off its 200-day moving average.

Our Trend Tracking Indexes (TTIs) all retreated and are showing the following positions:

Domestic TTI: +0.62%
International TTI: +7.92%
Hedge TTI: +0.03%

Weakness has definitely set in and pulled our international holdings off their highs. We will watch the sell stops closely and take action when our pre-set trigger points get pierced.

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